Welcome to Dividend.com
Please help us personalize your experience.
Select the one that best describes you
Continue to site >
Trending ETFs

FlexShares® High Yield Value-Scored Bond Index Fund

etf
HYGV
Dividend policy
Active
Price as of:
$49.24 -0.23 0%
primary theme
High Yield Bond
HYGV (ETF)

FlexShares® High Yield Value-Scored Bond Index Fund

Dividend policy
Active
Price as of:
$49.24 -0.23 0%
primary theme
High Yield Bond
HYGV (ETF)
FlexShares® High Yield Value-Scored Bond Index Fund
Dividend policy
Active
Price as of:
$49.24 -0.23 0%
primary theme
High Yield Bond

HYGV - Snapshot

Vitals

  • YTD Return 0.5%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $209 M
  • Holdings in Top 10 6.8%

52 WEEK LOW AND HIGH

$49.47
$43.00
$49.76

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.38%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 95.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification

  • Primary Theme High Yield Bond
  • Fund Type Exchange Traded Fund
  • Investment Style High Yield Bond

Compare HYGV to Popular High Yield Bond Funds

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$5.95

-0.17%

$29.02 B

4.43%

$0.26

blocked
blocked
blocked

-0.50%

0.23%

$7.80

-0.26%

$25.45 B

4.91%

$0.38

blocked
blocked
blocked

0.13%

0.59%

$5.55

-0.18%

$23.02 B

5.46%

$0.30

blocked
blocked
blocked

0.73%

0.79%

$10.39

-0.10%

$18.84 B

5.32%

$0.55

blocked
blocked
blocked

2.47%

0.73%

$11.15

-0.80%

$14.63 B

3.21%

$0.36

blocked
blocked
blocked

4.01%

0.67%

Compare HYGV to Popular High Yield Bond ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$86.62

-0.48%

$21.58 B

4.57%

$3.97

blocked
blocked
blocked

-0.42%

0.48%

$108.21

-0.48%

$10.52 B

4.79%

$5.21

blocked
blocked
blocked

-0.41%

0.40%

$39.78

-0.45%

$6.85 B

4.93%

$1.97

blocked
blocked
blocked

-20.38%

0.20%

$32.00

-0.59%

$4.91 B

4.58%

$1.48

blocked
blocked
blocked

-0.19%

0.43%

$45.62

-0.28%

$4.81 B

4.99%

$2.28

blocked
blocked
blocked

0.53%

0.30%

HYGV - Profile

Distributions

  • YTD Total Return 0.2%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 6.78%
DIVIDENDS
  • Dividend Yield 2.1%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    FlexShares® High Yield Value-Scored Bond Index Fund
  • Fund Family Name
    Flexshares Trust
  • Inception Date
    Jul 17, 2018
  • Shares Outstanding
    4200001
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Eric Williams

Fund Description

The index reflects the performance of a broad universe of U.S.-dollar denominated high yield corporate bonds that seeks a higher total return than the overall high yield corporate bond market, as represented by the Northern Trust High Yield US Corporate Bond IndexSM. The fund generally will invest under normal circumstances at least 80% of its total assets (exclusive of collateral held from securities lending) in the securities of its index.


HYGV - Performance

Return Ranking - Trailing

Period HYGV Return Category Return Low Category Return High Rank in Category (%)
YTD 0.5% -20.4% 8.4% 43.67%
1 Yr 24.6% 0.0% 54.9% 14.42%
3 Yr N/A* -12.0% 10.5% N/A
5 Yr N/A* -5.5% 11.2% N/A
10 Yr N/A* 1.3% 9.5% N/A

* Annualized

Return Ranking - Calendar

Period HYGV Return Category Return Low Category Return High Rank in Category (%)
2020 1.1% -46.8% 399.1% 25.14%
2019 6.8% -10.3% 226.1% 62.03%
2018 N/A -18.4% -0.4% N/A
2017 N/A -9.5% 18.8% N/A
2016 N/A -9.1% 28.6% N/A

Total Return Ranking - Trailing

Period HYGV Return Category Return Low Category Return High Rank in Category (%)
YTD 0.2% -20.6% 8.4% 51.70%
1 Yr 24.6% 0.0% 54.9% 12.69%
3 Yr N/A* -12.0% 10.5% N/A
5 Yr N/A* -5.5% 11.2% N/A
10 Yr N/A* 1.3% 9.5% N/A

* Annualized

Total Return Ranking - Calendar

Period HYGV Return Category Return Low Category Return High Rank in Category (%)
2020 1.1% -46.8% 399.1% 25.14%
2019 6.8% -3.8% 23.9% 65.51%
2018 N/A -18.4% 1.3% N/A
2017 N/A -8.5% 18.8% N/A
2016 N/A -9.1% 39.0% N/A

HYGV - Holdings

Concentration Analysis

HYGV Category Low Category High HYGV % Rank
Net Assets 209 M 3.67 M 29 B 67.39%
Number of Holdings 703 3 2297 18.03%
Net Assets in Top 10 13.9 M -564 M 3.93 B 79.81%
Weighting of Top 10 6.75% 2.6% 100.0% 86.22%

Top 10 Holdings

  1. UniCredit S.p.A. 5.46% 0.89%
  2. TransDigm, Inc. 5.5% 0.85%
  3. Connect Finco SARL/Connect US Finco LLC 6.75% 0.79%
  4. CSC Holdings, LLC 5.75% 0.75%
  5. Diamond Sports Group LLC / Diamond Sports Finance Co 5.38% 0.73%
  6. DISH DBS Corporation 5.88% 0.73%
  7. Panther BF Aggregator 2 LP / Panther Finance Company Inc 8.5% 0.72%
  8. Altice France Holdings S A 10.5% 0.72%
  9. Banff Merger Sub Inc 9.75% 0.69%
  10. Staples, Inc. 7.5% 0.69%

Asset Allocation

Weighting Return Low Return High HYGV % Rank
Bonds
96.16% 3.38% 146.82% 21.00%
Convertible Bonds
2.70% 0.00% 21.16% 24.50%
Cash
1.14% -40.59% 61.87% 78.47%
Stocks
0.00% -10.91% 32.07% 79.41%
Preferred Stocks
0.00% 0.00% 22.05% 51.55%
Other
0.00% -49.68% 30.15% 43.20%

Bond Sector Breakdown

Weighting Return Low Return High HYGV % Rank
Corporate
98.86% 0.00% 100.00% 7.41%
Cash & Equivalents
1.14% 0.00% 87.53% 85.18%
Derivative
0.00% 0.00% 42.49% 39.35%
Securitized
0.00% 0.00% 91.38% 55.53%
Municipal
0.00% 0.00% 14.61% 21.97%
Government
0.00% 0.00% 42.65% 47.17%

Bond Geographic Breakdown

Weighting Return Low Return High HYGV % Rank
US
83.25% 0.15% 121.16% 28.13%
Non US
12.91% -25.82% 97.17% 45.49%

HYGV - Expenses

Operational Fees

HYGV Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.38% 0.03% 20.43% 95.32%
Management Fee 0.37% 0.00% 1.84% 9.21%
12b-1 Fee 0.00% 0.00% 1.00% 2.68%
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

HYGV Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

HYGV Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

HYGV Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 95.00% 0.00% 349.00% 77.98%

HYGV - Distributions

Dividend Yield Analysis

HYGV Category Low Category High HYGV % Rank
Dividend Yield 2.05% 0.00% 3.07% 1.34%

Dividend Distribution Analysis

HYGV Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

HYGV Category Low Category High HYGV % Rank
Net Income Ratio 6.78% -2.17% 10.53% 4.53%

Capital Gain Distribution Analysis

HYGV Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

HYGV - Fund Manager Analysis

Managers

Eric Williams


Start Date

Tenure

Tenure Rank

Jun 12, 2020

0.88

0.9%

Mr. Williams joined NTI in January 2010 and has assisted in the management of various fixed income funds

Benjamin Mccubbin


Start Date

Tenure

Tenure Rank

Sep 29, 2020

0.58

0.6%

BENJAMIN J. MCCUBBIN serves as a Fixed Income Associate where he works closely with the Director of Fixed Income Research to manage Howe & Rusling’s fixed income portfolios. Prior to joining Howe & Rusling he worked as an assistant within the fixed income research group at Manning & Napier for two years. Ben graduated from Syracuse University in three years with a bachelor’s degree in finance. Ben has completed level 3 of the CFA.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 36.71 6.65 1.83